Reality behind Paid Survey Scams!
Advertisements on the internet and local newspapers and magazines about paid surveys, have flooded the market. Claims to earn as much as $100 to $150 per day sound enticing especially in the present economic scenario. But there are very few of us who actually know about how the paid survey scams work. This topic details the reality behind paid survey scams.
Advertisements asking people to deposit a fee anywhere between $20 to $50 in return for a comprehensive list of companies and organizations who pay for such surveys.
In most of the cases it has been found that paid surveys are just like any other scams. The companies engaged in surveys pay participants to complete their surveys. This personal information compiled is then sold to marketers at a profit.
Any individual paying a fee to earn from such paid surveys gets a list of leads which are then supposed to be visited on the internet and online surveys undertaken. But the reality is far from what is depicted.
The list more often than not contains irrelevant sites or sites which do not exist, the remaining leads do not pay in cash for taking their surveys instead they reimburse you in the form of points which can then be redeemed at a super-store or mall(not sure whether even this will happen).
Investing the amount of time in completing surveys and searching for sites that do not exist, is definitely not the ‘return’ that anyone expected from such paid surveys and to top it all you have to deposit the initial joining fee in order to get started.
It is therefore advisable to avoid such quick money making schemes and not fall for phony testimonials.
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May 4th, 2009 at 8:24 pm
Thanks for the great explanation on scam site in paid survey… That’s why we need to do some background research for any survey panel before we join it… Thanks!!
May 21st, 2009 at 6:51 pm
Great job in this wonderful advisory about paid surveys online. I think the only way to really know if the if an online survey company is legit is to read articles, reviews and blogs like this.